DOUGLASS A STONE 4
4 · Orange 21 Inc. · Filed Dec 10, 2010
Insider Transaction Report
Form 4
Orange 21 Inc.ORNG
DOUGLASS A STONE
DirectorChief Executive Officer
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2010-12-08$1.25/sh+200,000$250,000→ 200,000 totalExercise: $1.25Exp: 2020-12-08→ Common Stock (200,000 underlying)
Footnotes (1)
- [F1]The option shall vest in equal annual installments of 1/3 of the shares over three years, so long as Mr. Douglass remains in the employ of the Issuer.